The economic consequences of the second Trump administration: A preliminary assessment @GaryGensler @baselinescene @upanizza @bweder ow.ly/XMzZ50WbrAk

Adult social care can be better value than the health care we already fund Joan Costa-i-Font @LSEHealthPolicy @LSEnews @LSEInequalities, Sergi Jimenez-Martin @sergijm64 @UPFBarcelona, Cristina Vilaplana Prieto @UMU ow.ly/WT1L5101eQY

For more than 1,300 years, China chose its top officials through competitive written exams. But was success determined by merit alone? In this episode of #VoxTalks Economics, Ruixue Jia (@UCSanDiego and CEPR) joins Tim Phillips to discuss new research with Ying Bai tracing the careers of 24,269 graduates of China’s imperial examination during the Qing dynasty, from 1644 to 1905. They explore how exam performance and the lasting networks formed between successful candidates and their examiners worked together in shaping who reached the top of the imperial state. 🎧 Listen now: ow.ly/mN5V50ZTShB 📄 The research: Ying Bai and Ruixue Jia, “Meritocracy and the Networks It Forged: China's Imperial Examination”, CEPR Discussion Paper 21814. #VoxTalksEconomics #EconomicHistory #PoliticalEconomy

How agreements between suppliers and retailers can weaken competition Zhonglin Li & Hsin-Tien Tiffany Tsai @NUSingapore ow.ly/cppU5101eHH

What can hot milk, cows and crying tell us about monetary policy? Quite a lot, according to new research discussed in one of the EP episodes of #VoxTalks Economics. Martín Uribe (@Columbia) and Nicolás Magud (@IMFNews) join host Tim Phillips to discuss the long-term effects of populist governments on central banks. Their research examines what happens when governments lean on central banks to finance fiscal deficits. They find that the consequences can persist long after those governments have left office: central banks with a history of populism respond more aggressively when inflation rises above target. As Nicolás puts it, there’s a saying in Spanish: “if you get burned with milk, you see a cow and you start crying.” This was the second of four special VoxTalks Economics episodes featuring research commissioned for the 2nd Economic Policy: Papers on European and Global Issues Conference. The paper, Fiscal Populism and Monetary Policy Rules, is by Luis Jácome, Nicolás E. Magud, Samuel Pienknagura and Martín Uribe, and is forthcoming in Economic Policy. Listen now: ow.ly/KEbR50ZGBHX #VoxTalks #EconomicPolicy #CentralBanking #MonetaryPolicy

Private equity beyond the target: How buyouts reshape supply chains Olivier De Jonghe @ecb @NBB_BNB_FR @NBB_BNB_NL, Cédric Huylebroek @HuylebroekC @bundesbank @LeuvenEconomics ow.ly/b2K35101eCI

Washing away the US: Tariff evasion on the other side of the US–China trade war Huijia Liu, Enze Xie, Linhui Yu @ZJU_China Miaojie Yu @PKU1898 ow.ly/rJmb5101eyc

Oil shocks no longer hit the US economy as they used to Diego Känzig @drkaenzig @NUEconomics, James Stock @Harvard, Luca Zanotti @NUEconomics ow.ly/oZKy5100T2n

Historic monetary tightening, benign output dynamics: Rising R-stars across the Atlantic Mátyás Farkas, Zoltan Jakab, & Jesper Lindé @IMFNews ow.ly/jyC45100SUS

Changes in the health and longevity of the elderly in the US Liran Einav @Stanford, Amy Finkelstein @MIT ow.ly/VuvX5100Srq

Chasing far-right does not pay for the centre-right parties: Evidence from Germany’s 2025 election Nina Nikiforova @Unibocconi ow.ly/Wanm5100S9q

Global imbalances, the status of the dollar, and the stability of bond markets are putting pressure on the international financial system. But are we witnessing a rupture, or a transition? In the latest episode of #VoxTalks Economics, Valentina Bruno (@KogodBiz, CEPR) and Cédric Tille (@GVAGrad, CEPR) join Tim Phillips to discuss the findings of the 29th Geneva Report on the World Economy. They examine why stocks, the dollar, and US Treasuries all fell following Liberation Day in April 2025, why this could happen again, and what can be done about it. 🎧 Listen to the podcast: ow.ly/VfEE5100zk8 📖 Read the 29th Geneva Report on the World Economy, Changing Structure and Challenges of the International Financial System: Imbalances, Currencies, and Financial Stability, available to download for free from CEPR: ow.ly/6Fk05100zk7 #InternationalFinance #FinancialMarkets

Crypto capture of foreign aid Sumit Agarwal @sumit_prof @NUSingapore, Peiyi Jin @NUSingapore Eswar Prasad @EswarSPrasad @Cornell, Daniel Rabetti @NUSingapore ow.ly/Ux3k5100oYb

The returns to viral media Johannes Böken @warwickecon, @mirko_draca @warwickecon, @mastrorocconick @Unibo, @ariannaornaghi @thehertieschool ow.ly/w2zk5100owc

Mind the gap: Bringing EU debt into the Stability and Growth Pact Astrid Lemmer, Alexander Mahle, Karsten Wendorff @bundesbank ow.ly/Ssqe50ZZYTU

Establishment-level evidence on California’s fast-food minimum wage Vitor Melo @ArchbridgeInst @RANDCorporation, David Neumark @NeumarkEcon @UCIrvine, Liam Sigaud @WestVirginiaU, @_WagnerG_ ow.ly/gcQu50ZZYzL

Investment screening reshapes rather than shrinks foreign investment Feicheng Wang @univgroningen, Vera Eichenauer @ETH_en ow.ly/taSA50ZZApE

Lower capital requirements are no shortcut to European competitiveness Suzanne Vissers & Henrik Zaunbrecher @CPBnl ow.ly/nxsc50ZZAll

Taming original sin redux: The role of benchmark-driven flows Serkan Arslanalp @IMFNews, Stijn Claessens @YaleSOM, Daniela Klingebiel ow.ly/PRyr50ZZckS

What happens to innovation after Big Tech buys a startup Florian Ederer @florianederer @BUQuestrom, Regina Seibel @ReginaSeibel4 @UofT, Timothy S. Simcoe @BUQuestrom ow.ly/fTSM50ZZcaL

Here, there, and everywhere: Remote work and the employment of disabled and older workers in the UK Ian Burn @LivUni, Melissa Gentry @USouthFlorida, Joanna Lahey @TAMU ow.ly/K4rg50ZZc8C